Question

Which one of the following statements describes President Hoover's main weakness in dealing with the Depression? He trusted the private sector too much. He vetoed the Reconstruction Finance Corporation. Aid to farmers was reduced.

Answer 1

I just took this quiz the answer is A. He trusted the private sector too much. Just thank me later, because the other guys answer doesn't really help any.

Answer 2

President Hoover trusted the private sector too much. He was averse to any government oversight of business of the stock market. This led to a financial bubble that soon burst in 1929.